Feb 28
As we expected we got our long signal on 10-year treasury notes. This brings our total number of open futures positions up to 7 out of the 10 markets our trend following system covers. Current open positions are:- Long S&P 500 ($ES_F) 1/28 +$737.50 per contract Long 10yr Tsy ($ZN_F) 3/1 +$0.00 per contract Long Dollar …
Feb 27
Yeah, I’d never heard of them either. But we do know them, this is the clothing company formerly known as Liz Claiborne, with brands like Juicy Couture, Kate Spade, and Lucky Brand under its belt. The name change, and I’m sure a lot more besides, appears to have worked wonders too. Take a look. Fifth …
Feb 27
Last night we got another signal in our trend following system of 10 major futures markets, this time to short the Euro. You may recall we wrote here about exiting a long Euro position for a small profit last week. This brings our number of open futures positions back up to 6. We’re starting to witness some …
Feb 26
At the weekend I heard a definition of ‘hope’ that I’d like to share. I was attending a Sunday church group where the speaker touched on a number of areas, among them his thoughts on hope. By way of defining it, he related a quote from a technology group head he knew, that despite the …
Feb 25
As we indicated in our equity positions update over the weekend we got stopped in our long in $CIB following Friday’s close and took this morning’s open as our exit for a loss of 3.4%. It may well find support slightly lower before making another attempt at that multi-year resistance, so we’ll continue to monitor …
Jon Boorman, CMT, is a market technician, analyst, and trader with 25 years experience in global equity, forex, and futures markets. He employs trend following and momentum strategies to generate actionable trade ideas. More....
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